Peso stays at P58.80:$1; PSEi snaps 8-day slump
THE peso arrested its fall on Monday but stayed at an over 19-month low while the stock market snapped an eight-day decline to edge higher.
Markets latest news
Maramag, Bukidnon
THE first time I saw Maramag, Bukidnon was over two decades ago during my drive from Manila to Davao. After about three hours of driving from Cagayan de Oro, we were greeted by the breathtaking view of Mount Kalatungan, the fifth highest mountain in the Philippines, and enchanting mountain lakes when we stopped at a junction where many roads crisscross.
Markets mixed after weak Wall St lead, eyes on yen
HONG KONG, China — Asian and European markets were mixed Monday after last week's poor run as investors look ahead to the release of key US inflation data, while eyes are on Japan as the yen sits around three-decade lows.
Unilab lauds FDA’s proactive measures vs fake drugs
MANILA, Philippines — Pharmaceutical and healthcare company Unilab Inc. lauded the Food and Drug Administration (FDA) for taking proactive measures to protect the public from the perils of purchasing fake medicines.
The week ahead
These are bleak times on the PSEi. After teasing a breach of the 6,350 support level for several days, it finally punched through with an emphatic down day. We are back to where we were in November of last year.> PH: The big thing on my list is the BSP interest rate announcement on Thursday morning.
Senate urged: Approve revisions to RTL when session resumes
CAMARINES Sur Rep. Luis Raymund Villafuerte yesterday pressed the Senate to pass their version of the House-approved bill seeking amendments to the Rice Tariffication Law (RTL) when the 19th Congress reopens for its third and final session on July 22.
FDA warns public vs 3 unauthorized soap products
THE Food and Drug Administration (FDA) yesterday warned the public against three soap products available in the market that have no authorization to be sold.
Deaths from Indian toxic alcohol rise to more than 50
BENGALURU, India — The death toll from a batch of toxic illegal alcohol in India has risen to 53, media reported Sunday, as more victims in hospital succumbed to the poisonous brew.